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Updated almost 6 years ago,

User Stats

769
Posts
432
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Cassidy Burns
Agent
  • Investor
  • Washington, DC
432
Votes |
769
Posts

Getting Loans on Land Acquisitions???

Cassidy Burns
Agent
  • Investor
  • Washington, DC
Posted

Hi BP,

I have an opportunity to purchase a 92 Acre plot of beautiful land w/ 3 homes on the land as well in SW Virginia.  I own quite a few smaller multifamily investments in this town but have never purchased a larger plot of land like this so i'm  looking more in to what I can do with it (build other single family homes, storage, smaller multifamily?) 

But my question is, are you seeing that different loans are being lent on for land acqusitions ? Are they loaning buisness loans? 

Looking forward to learning a little more about this as its new to me.

Best,

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